>> the question was can the tech industrial, alter the software and tech industry. i think that is something that we need to understand as a society and be open to looking at is how do things that are more cultural, such as video games effect our society? and again, that might be something that wouldn't be legislated but it is something that we have to do, that we the people have to do to look at as parents, for example. >> (inaudible) >> well i think what we need to understand, one thing that we want to do is shine a spot light on those cracks. and on those gaps. and on things that are slipping through. identify those. and then we can look to solutions. and the solutions might be changes in legislation and it might be scientific changes and it might be technology changes. so, our main goal at this point is to say, this is something that needs attention and needs focus. here it is. so where are the issues and what can we do to work on that together. and again, we are hoping that this innovation initiative, this is not just about gun safety, this is about mental heal

and in tech we love buzz words. so we have three initiatives underneath the sandy hook promise initiative. number one, we have the tech committee to reduce gun violence. the second one is the sandy hook promise investment effort. jim pitco who is going to speak next is going to talk about the tech committee to reduce gun violence and review the sandy hook promise investment effort. but in short, we have gathered 30 of the top angels and vcs in america and their names are in the press kit. who are prioritizing innovation to reduce gun violence. we have a subcommittee that will quickly review those opportunities and then, syndicate investment in those opportunities. we can build some huge companies around this issue. and then, the third effort is the sandy hook innovation challenge which is a pri effort that jim pitco will tell you more about right now. thank you. >> thank you. and i want to thank the individuals and families from sandy hook promise and from our local communities came all the way here today to join us

the next sector is going to be tech. i think tech right now, i think the market is fully engaged. i think we have to get over sticker price issues and just engage. i think everyone is looking in right now. it's time to just engage. it's time to believe that because of central banks and critically bernanke the market is still alive. >> let me get back to your expertise and that clearly is the currency markets. big news this week, obviously with, the fed and the ecb. drogy finally has walked after he had talked. so what does that mean for where the euro goes from here, the dollar and then put that if context for what it means for the jefr all marke the overall markets? >> first of all draghi is very intelligent. he said i will save the euro. but now in january he sounded very optimistic and now we are four months later we are cutting rates. the numbers in europe are horrific. i think the problem right now in europe is france and we've seen the periphery not affecting the core. so i think that draghy is concerned if it goes down. the put doesn't need to exist anymore. he is all about

i go to oakland tech. it's an honor to go here. >> experts say it's the model of academy that is give students real world experience and that may be the key to transforming other schools as well. on campus security is high with five security guards. off campus security is a concern. they have had some issues. they conduct safety workshops for students and parents. >> a follow up with stories we have covered here. a new partnership with the explore tore yum. teachers integrate hands on learning. the classes are available online for free. >>> the governor is donating $1 billion for rigorous standards in california schools. in his budget, jerry brown set aside the money for common core, a new set of math, reading and writing standards designed to make american students more competiti competitive. >> this is a great intellectual move. it puts california in the forefront. it's not going to happen overnight. it will take training of the teachers and a lot of work throughout the state. it's going to take money. >

palo alto is known for nurturing high-tech startups.oth google and facebook spent their toddler years here. now the city is putting out the welcome mat for the next generation of entrepreneurs. this week the city planning and transportation commission voted in favor of transforming park boulevard south of california avenue into a tech corridor. the hope is to offer smaller spaces, open designs, and even some live/work laws. a huge pent-up demand for entrepreneurs, startups to find opportunities right here in this area. particularly with so many people coming out of stanford with great ideas. >> reporter: the tech corridor is part of the city's plan for the 115-acre california avenue area. some high-tech companies including groupon have already set up shop here. >> i think it's good. i think it will help bring people over to california avenue and this area. i think it will help the small businesses especially with the new jobs opening up. >> reporter: there are some concerns fry's electronics next to the proposed tech corridor would leav

one of the most beautiful places with the best whrr and -- [inaudible] company that is going to for tech assistance on your software and you get somebody in india well they are actually -- because oakland they are putting a call center in oakland to get a quicker turn around and -- in many languages and that is an innovation because of the diversity and depth of the talent in the bay area. >> prop 30 doesn't make economic development harder or is that an issue >>> well it may be a challenge for certain types of companies but i do think that our investments as mayor khan said increasing the quality of life here for the talented employees that is being sought for these companies is a good part of the answer and housing and transportation systems and infrastructures that support these systems we have to be business firsthandly and recognize that if they are here, we have to think through with them as we did with our change in our payroll tax eliminating that to a gross receipts tax but doing it in a way that every industry of our city, is entitiled diswietd to come in and tell us how do the

or should they study issue those. >> i'll not depend upon one industry to solve all of our plummet tech growth is very visible and dominate right now and as i stated earlier, 1800 technology companies employ 42,000 people is huge but having said that there are other industry that is just as important to pay attention to our healthcare industry by-the-way, scene .7 billion industry today employees 400,000 people and it continues to glow and that is why to get the campus to be built at ucsc. general hospital, st. lukes mission bay, they are building and they will be finished in probably a year and-a-half and a couple of years and these are incredible anchors to the healthcare industry along with the what regents and others are doing in the pharmaceutical research and design areas and we are going in the healthcare pharmaceutical health design area very rapidly and the tourism these incredible international events that we host whether it's blue grass or america's cup or world series we are going to continue to try to get those huge hereto and the super bowl that is a bay area play poshly w

you see texas attracting a lot of capital for high-tech and austin has been a pioneer in high-tech and computers for a very long time. you see google class is being made in the bay area and san francisco. the stock is skyrocketing and is being made in san francisco. so there are benefits for every region of the country and i know we just moved into a new office and made a point to find american made material from all over the country to put into the office and we have textiles from north carolina and chairs from michigan and i look forward to getting that high-tech equipment in the office because that has not yet been available. uzi these benches all over the place. they are not just limited to the south and that is something that is special to manufacturing. you see the concentration of the main factor in all over the united states of america. >> host: the alliance for american manufacturing. let's go to michigan and hear from a democrat. hello. >> caller: hello. this is pauly. >> host: yes, you're on the air. go ahead. >> caller: i want to ask a couple questions. how many companies h

tech tv. and also the founder of spark media solutions. a media projection and the consulting company. welcome. good to have you with us. >> great to be here. thanks a lot. let's start right now. what's your take if you had to do a one liner in the bay area right this second? >> the bay area is the place to be, where everyone wants to be. where all the investments are happening and all the highest paid tech jobs in the company are right here. >> okay, i feel as if we are hearing and kind of repeating history here. are we on the verge of the other bubble happening? >> yes and no. i'll answer that. so now when we had that big boom back in the 90s, the reason that everyone was excited is you could create a business online, taking very little to do that. and the big differences back then, it is something that they were generating revenue. gathering on it. we're seeing a lot of that happen again, but that's the big difference that they are generating revenue today. and even more unusual today is th

and in the days immediately after the december 14th tragedy, leaders from the tech community, including ron con way and others have shown incredible support for newtown. we are so grateful for their support and we are eager to start working alongside with them to innovate our way to a safer nation. with that, i would like to introduce ron con way. >> thank you. i want to first recognize the families in the front row. we have three families from sandy hook itself, families who lost children, in the tragedy. and then, we also have three local families. and all of you are national heroes. and instead of being bitter, after you lost your children, you are taking action to make the world a better place. you are national heroes. i am new to this issue. i became friends with gabby giffords last year, my good friend, larine jobs introduced me to gabby and mark and we instantly became friends. my wife and i started doing work on gabby and mark's effort which was then the institute for civil discourse but has now converted to being more active on the violence issues in america. because we are fri

and are there reasons to buy unloved old tech? >>> housing hot water. why two big banks are being targeted by the new york state attorney general for not doing enough to help troubled borrowers. >> a berkshire bear. did the lone short seller at weekend shareholder meeting convince any of the loyalists to dump the stocks? all that and more tonight on "nightly business report" for monday may 6th. >>> good evening, everyone. tyler, not a whole lot of drama in the market today compared to what we saw last week. >> a little bit refreshing in its quiet not. it's really not a big trading day and no big swings, in fact. the dow traded in the narrowest range in more than eight months today. the major averages ended mixed. the dow closed just five points lower, and a different story, though, with the s&p 500. it was up three point, just enough to extend the record-setting gains made on friday following the stronger than expected april jobs report. take a look at the nasdaq which rose 14 points today and that landed it at a fresh 12 and a half year high on the ren

tech has lagged, we've talked about it all year. the tech people are coming back into tech. apple is one of the reason's tech has lagged. not google, it's been a stalwart. google was four times volume stock and options. n tap absolutely exploding today. a variety of stocks. oracle. we're seeing fast money flows in stocks and options. >> props to brian mshl who said emc could be the biggest beneficiary off cisco earnings. dan, you're looking at oracle. >> cisco's really had a tough couple years. a lot of it has to do with the perpetual restructuring, cutting costs and shedding non-core businesses. misdisput misexecuted here and there. oracle, same thing. massive earnings gap lower. macro headlines. but they misexecuted, did not close a couple big deals. so i'm saying here's a company that if they execute expert and if what john chambers is seeing about different jog reafes and enterprise spending, oracle will be a clear beneficiary. they don't report until late june. but i think it will be a big data point looking into the second half. we keep hearing cyclicals will work if t

the long time tech reviewer focuses on technology and products. swisher a long time columnist focuses on people and strategy. they built a team of tech journalists and built a conference centered on conversations with the most influential tech executives like these two. >> pc guy is great. >> reporter: ten years ago the rise of the ipod was a hot topic. so was search. two years ago microsoft showed off windows 8 for the first time. why? venture capitalists, hollywood moguls and tech execs mingle here. this year apple ceo tim cook, facebook's sandberg and twitter. the tech demonstrations include cutting edge efforts like two bit circuits trying to get people interested in engineering by creating hands on carnival games. for them the audience here is invaluable. >> these are people that are really crafting the content and platforms that millions of people are consuming in their company. >> things are getting invented here. people coming together who haven't met before, coming up with amazing ideas that we are going to be buying or seeing or using. >

i knew there were a lot of tech jobs available out there. i knew devry university would give me the skills that i needed to make one of those tech jobs mine. we teach cutting-edge engineering technology, computer information systems, networking and communications management -- the things that our students need to know in the world today. our country needs more college grads to help fill all the open technology jobs. to help meet that need, here at devry university, we're offering 4 million dollars in tech scholarships for qualified new students. learn more at devry.edu. living on cloud nine with that u-verse wireless receiver. you see in my day, when my mom was repainting the house, you couldn't just set up a tv in the basement. i mean, come on! nope. we could only watch tv in the rooms that had a tv outlet. yeah if we wanted to watch tv someplace else, we'd have to go to my aunt sally's. have you ever sat on a plastic covered couch? [ kids cheering ] you're missing a good game over here. those kids wouldn't have lasted one day in our shoes.

hospital building activity the activity ature ports and airports and hospitality sector the booming tech sector and all of the future plans, think about the changes that will happen in the next 14 years and each of these cities and in our region so we are going to hear a little bit about the future and some of the priorities and what the outlook is into this coming year and we are really delighted to have awful you here with us this morning. i think there is more than 600 and we are glad that you gathered with us. our tradition at this event is to alternate between the two cities from year to year and last year we hosted the event in oakland which, is why here here in san francisco this year and is to mayor lee thank you for being the host city this year andmary khan thank you for traveling across the bay that very short way to be here in san francisco. so how many of you are feeling optimistic about 2013? can you raise your hand? right? (applause). ism. it just has a feel? it just has that feel it's started starting out at a good space and with opt mission and that's good goods and this

he is one of the tech mentors who volunteered today to help 69 veterans at a vet and tech event at facebook. albert led one of the nine teams, preparing to pitch their ideas to the panel of exbirths. his website would help match people with mentors online. >> i believe people in a generic sense want to help other people. >> reporter: vets in tech, helps vets translate their leadership and skills into the tech word. >> while they were out serving, others were in school, and pursuing tech careers. what we're trying to do is just with a number of partners is fill some of those skill gaps. >> i thought the only thing i could do was be a cop, or security, because i was trained in that field. but now i'm learning about community management, and how to deal with other people. >> reporter: the person with the winning pitch will get one free month of office space in san francisco. reporting from facebook, in menlo park, jana katsuyama. >>> more details now, we have just received word of who won at today's event. marine corps veteran, jeffrey summers. he's a second year law student and came up with a

it is technology you can check out. >> this tech tool bar is to train volunteers here who are more tech savvy and are happy to take that time to explain to someone this is the future of the kindle or the nook. >> if you are not so tech savvy you can go to the tech tool bar and become an expert. boosted by a $30,000 foundation grant. >>> apple's notable spurt. >>> migraines and pregnancy, the new warning for expected moms and the link to a child's i.q. >>> and a potentially kwausly addition. why a bike lane can cost tens of thousands of dollars. we are back in a moment. >>> the new 49ers stadium could end up having something for everyone. officials are considering spending more than $56,000 to study whether they should paint a bike line outside the new stadium. the study will consider traffic routes. another potential item a new $3 million radio system for santa clara police to patrol the city and the stadium. >>> here is the big question. do you believe the warriors are in san antonio tonight tipping off round two of the playoffs. the bad news, the warriors don't like san antonio. they

let's face it, if the tech community can create awesome companies like google, facebook, and twitter, we

. >> how about tech? what happened to tech? >> dividends are still growing 15 to 13%. and that's a very positive catalyst. >> that's where i would go. you know, when utilities are leading the pack, maria, you've got to yourself, really, that's where the cd money goes. it goes to utilities, because that's safe in the investor's mind. >> what are the catalysts, you think, in the coming weeks? so we heard from the fed? we've got a couple more earnings reports to come. is everybody now just focused on the economic data, the jobs numbers friday, you know, to really dictate where this market goes next, because it's going to dictate the fed's hands? >> if i could make a point about the jobs numbers, so i think we have an unemployment rate coming out for april, and the consensus has been around 150,000 jobs. now, we had a very weak adp report that suggests that the number will be well south of 150,000. i think that even if the street leaves their consensus expectations alone, nobody is going to be too surprised if the number comes in below that, which i think is probably going

morning on cnet. >> you can see more of the tech watch segments by going to kpix.com. >> someone is willing to pay $500,000 for a cup of coffee. that is the highest bid to do coffee with tim cook, the ceo of apple. the auction is open until 1:00

>>> and:hjgh tech over the sierra, the mission that could benefit all of us here on the west coast. years, the oakland technical school was plaguedÑi violenceçó and poor academic performance. well, not anymore. now it is considered one of the best and most diverse schools in oakland. so what is different? in tonight's classñ action, the tech. >> bring the hands up. >> when you visit oakland technical high it doesn't take long to recognize that they do things differently here. >> roll yourçó shoulders a litt bit and then just straighten your back. >> yoga in class and students working withçó the parts of an d motorcycle. just a couple of clues that the tech school has gone through a major makeover. >> it was a school you didn't drive by, there could be >> that isÑi not the case anymo. oÑ is a sought-after school for oakland. a lotteryçó determines who gets and for the third year in aok r there is at( waiti.#á list. >> it is like this isxd my home. my second home. >> there are people with a lot of different interests that they bring to the plate and definitely there is a sauce of moti

it is the highest ranked tech company. in less than a year, facebook also cracking a list coming in at 482. melissa: as would every 15 minutes, let's check the market. lauren simonetti onl on the flof the new york stock exchange watching some food names. lauren: yes. tyson foods, the biggest loser on the s&p 500 down four and a quarter percent. reported earnings and revenue both missing expectations and they cut their full-year outlook as well. two of the reasons tyson is struggling right now is they have higher costs they are facing in part because of the drought last year and also consumers and restaurants are buying cheaper product like chicken instead of beef. take a look at monster beverage, this stock is down more than 1.5%. dow jones reported services goes to attorney sued the company for the caffeinated drinks and marketing the drinks to children despite the adverse health effects. back to you. melissa: thank you so much. lori: plans for the google video service to charge to watch videos. melissa: and more gas pric

tech ceos are getting the boot.'s joe kennedy both out the door after earnings. so which tech heavyweight could be next? we're going to take a look at five tech ceos in the hot seat right now. >>> and earlier in the show i asked you which summer blockbuster you're looking forward to the most. check out your responses from twitter and facebook as we head to break. ♪ ♪ change makes people nervous. but i see a world bursting with opportunity, with ideas, with ambition. i'm thinking about china, brazil, india. the world's a big place. i want to be a part of it. ishares inrnational etfs. emerging markets ansingle countries. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus, which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. how old is the oldest person you've known? we gave people a sticker and had them show us. we learn

the event was organized by vets in tech which helps vettings translate leader ship skills into the tech world. >> while they were out serving others, we're in school and pursuing tech careers. >> we're trying to, with a number of partners, fill those gaps. >> i thought i could only be a cop or something in that field. >> now i learned a lot about community management, how to deal worthy people. >> the veteran with the winning pitch will get one month of freeoffice space and lunch with a venture -- free office . the group in texas say they hope to partner with more companies. >> ktvu channel 2 news. >>> nasdaq cost $10 million, the largest penalty ever impose. >> nasdaq was poor prepared for the facebook launch and cited a delay fraud for training. >>> the government says more people are getting jobs in most of the largest metropolitan areas. >> on average, 208 thousand jobs have been added. >> still there are pockets of very high unemployment such as yuma, airz. >>> the dow drop -- arizona. >> the dow fell, 21. >>> the oil gentlemen ant giant, demanded the ceo be fired and accused chevr

a tech start up that helps verify the identities. s one of who volunteered today to help 69 veterans at a vet and tech event at facebook. albert led one of the nine teams, preparing to pitch their ideas to the panel of exbirths. his website would help match people with mentors online. >> i believe people in a generic sense want to help other people. >> reporter: vets in tech, helps vets translate their leadership and skills into the tech word. >> while they were out serving, others were in school, and pursuing tech careers. what we're trying to do is just with a number of partners is fill some of those skill gaps. >> i thought the only thing i could do was be a cop, or security, because i was trained in that field. but now i'm learning about community management, and how to deal with other people. >> reporter: the person with the winning pitch will get one free month of office space in san francisco. reporting from facebook, in menlo park, jana katsuyama. >>> more details now, we have just received word of who won at today's event. m

some of it very encouraging news from a tech titan tonight. cisco systems reported solid quarterly earnings and revenues after the market closed. the numbers topped analyst estimates and they bought up the stock in after hours. it rose as much as 4%. we have more from the nasdaq with all the details. >> it was for cisco systems on the top and the bottom line, earning 51 cents a share on revenue. up $12.2 billion for the third quarter. now ceo john chambers says cisco is operating a at high vel. chambe seemed upat abouthe economy. saying we're starting to see some good signs in the u.s. and other parts of the world which are encouraging. now, shares of it are up after hours but climbed even higher after the company reported an upbeat outlook for the current quarter. susie and tyler? >> thanks a lot. >>> and before those numbers, google was all the talk on wall street today. the stock breaking through $900 a share and the company tried to add to the optimism by rolling out a line of new products at its annual conference for developers. john ford

we discuss what's behind tech giant yahoo's grab for the blogging platform tumblr. >> brown: myanmar's president visits the white house today for the first time since 1966. ray suarez explores what the renewed relationship means for u.s. interests in asia. >> woodruff: spencer michels has the story of a san francisco startup, pushing talented techies to work with local governments to tackle hunger, blight and other civic problems. >> we think that the people have the skills of coding and design and creating technology, really have something to offer the country right now, and we think government is where they need to bring it. >> brown: and we debate psychiatry's new thousand-page manual of mental disorders and the very real challenge of diagnosing patients. >> brown: that's all ahead on tonight's "newshour." >> major funding for the pbs newshour has been provided by: >> more than two years ago, the people of b.p. made a commitment to the gulf. and everyday since, we've worked hard to keep it. today, the beaches and gulf are open for everyone to enjoy. we shared what we've learned so t

how do we puzzle out what's really going on with tech? simple. you want a read on tech?ou talk to avnet, avt. the company i always call the largest supermarket of tech nothing on earth. over 100,000 customers. customers. electronics mark the businesses like semi conductors. technology distribution among the biggest distributors out there. they reported last thursday. the company reported a 3% earnings beat with revenues that came in a bit higher than expected. they had the analyst day today which makes this the perfect time to check in. find out more where the industry headed. mr. motte, welcome back to "mad money." i want to use the title, it says fiscal 3 q 13 result, mating for macro lev annual. are you not waiting at all? >> no, we can't. we are taking the position the area of uncertainty is the new norm. we have improve the results. we were very proud of the sequential increase off the december quarter. year on year, we have gaps in pemancthat's what we are workin >> the one stock idea you came out with remind me of a nordstroms or a kneeman, where a guy who knows y

that's a major win for big tech firms. tech company ceos say they can't find enough talent at thoem fill the positions they need. the legislation scraps ledge reconciliations requiring companies to make a good faith effort to find american workers before hiring from abroad. that now only applie to companies that hire foreign nationals for more than 15% of the workforce. at the other end of the spectrum millions of undocumented workers would be granted registered provisional immigrant status meaning they can stay in the country legally. they can work in this country legally. after a decade, they would become eligible for a green card and three years later full citizenship t establishes a new visa program for low skilled workers. judiciary committee member jeff sessions, a republican, voted against the measure. he is worried authorizing millions of undocumented workers to take jobs legally will push down already stagnant wages. that hurts low skilled americans, he says, the most vulnerable people in this workforce right now.

. >>> a peek at the tech tool bar in the south bay. the local library with the first of its find program involving technology. >>> think of it as the apple genius bar at a public library. >> monday, you will be able to test readers at a library. scott budman had has the story you will see only on nbc bay area. >> reporter: yes, libraries are still filled with paper books, but especially around here, they are also full of tech savvy people. with that in mind, the cupertino library will roll out the tech tool bar, a smorgasbord of e-readers. >> this is partly to train and use volunteers here who are more tech savvy and happy to take that time to explain to someone, oh, this is the feature of the kindle and this is the feature of the nook. >> we have digital magazines you can down spd load and keep. audio books. we are trying to get the word out there about all this free stuff we have beyond e-books. >> reporter: the library called it a genius bar on wheels, sitting in the shadow of apple headquarters, boosted by a grant, it will be staff